What Happened?
San Mateo, CA-based Visa has promoted Ellen Richey to Chief Legal Officer.
About the Company
Visa is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to fast, secure and reliable digital currency. Underpinning digital currency is one of the world`s most advanced processing networks—VisaNet—that is capable of handling more than 10,000 transactions a second, with fraud protection for consumers and guaranteed payment for merchants. Visa is not a bank, and does not issue cards, extend credit or set rates and fees for consumers. Visa`s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, ahead of time with prepaid or later with credit products.
About the Person
Ellen Richey is the Chief Legal Officer at Visa Inc., the position she took in December 2013. She joined Visa Inc. as the global head of enterprise risk in September 2007. Prior to joining Visa Inc., she most recently worked at Washington Mutual Inc., as senior vice president of enterprise risk management and executive vice president of cards services, from October 2005 to June 2006. Prior to that, she served as vice chairman of Providian Financial Corporation, where she had responsibility for enterprise risk management, legal and regulatory affairs, corporate governance and corporate relations, as well as the compliance and audit functions of the company. Earlier in her career, Richey was a partner in the San Francisco law firm Farella, Brown & Martel, where she specialized in corporate, real estate and financial institution matters. Richey received a B.A. in linguistics and Far Eastern languages from Harvard University and a J.D. from Stanford Law School. She also served as a law clerk for Judge Charles B. Renfrew of the U.S. District Court for the Northern District of California and for Associate Justice Lewis F. Powell, Jr., of the United States Supreme Court.
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